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DROPBOX, INC.（DBX）与SiteOne Landscape Supply, Inc.（SITE）财务数据对比。点击上方公司名可切换其他公司
SiteOne Landscape Supply, Inc.的季度营收约是DROPBOX, INC.的1.6倍（$1.0B vs $636.2M），DROPBOX, INC.净利率更高（17.1% vs -0.9%，领先17.9%），SiteOne Landscape Supply, Inc.同比增速更快（3.2% vs -1.1%），DROPBOX, INC.自由现金流更多（$224.9M vs $150.3M），过去两年SiteOne Landscape Supply, Inc.的营收复合增速更高（7.5% vs 0.4%）
Dropbox是总部位于美国加利福尼亚州旧金山的云服务企业，2007年由麻省理工学院学生德鲁·休斯顿与阿拉什·费尔多西创立，初创阶段获得创业孵化器Y Combinator的种子投资，核心业务包含云存储、文件同步、个人云及配套客户端软件等服务。
SiteOne Landscape Supply是北美领先的园林景观用品批发分销商，主营灌溉配件、户外照明、硬质景观材料、苗木、园艺工具及相关配件，主要服务专业景观设计师、承包商、高尔夫球场运营方及市政维护团队，在美加拥有广泛的线下门店网络。
DBX vs SITE — 直观对比
营收规模更大
SITE
是对方的1.6倍
$636.2M
营收增速更快
SITE
高出4.4%
-1.1%
净利率更高
DBX
高出17.9%
-0.9%
自由现金流更多
DBX
多$74.6M
$150.3M
两年增速更快
SITE
近两年复合增速
0.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $636.2M | $1.0B |
| 净利润 | $108.7M | $-9.0M |
| 毛利率 | 79.2% | 34.1% |
| 营业利润率 | 25.5% | -0.5% |
| 净利率 | 17.1% | -0.9% |
| 营收同比 | -1.1% | 3.2% |
| 净利润同比 | 5.7% | 58.5% |
| 每股收益（稀释后） | $0.43 | $-0.19 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收DBXSITE
| Q4 25 | $636.2M | $1.0B | ||
| Q3 25 | $634.4M | $1.3B | ||
| Q2 25 | $625.7M | $1.5B | ||
| Q1 25 | $624.7M | $939.4M | ||
| Q4 24 | $643.6M | $1.0B | ||
| Q3 24 | $638.8M | $1.2B | ||
| Q2 24 | $634.5M | $1.4B | ||
| Q1 24 | $631.3M | $904.8M |
净利润DBXSITE
| Q4 25 | $108.7M | $-9.0M | ||
| Q3 25 | $123.8M | $59.1M | ||
| Q2 25 | $125.6M | $129.0M | ||
| Q1 25 | $150.3M | $-27.3M | ||
| Q4 24 | $102.8M | $-21.7M | ||
| Q3 24 | $106.7M | $44.4M | ||
| Q2 24 | $110.5M | $120.2M | ||
| Q1 24 | $132.3M | $-19.3M |
毛利率DBXSITE
| Q4 25 | 79.2% | 34.1% | ||
| Q3 25 | 79.8% | 34.7% | ||
| Q2 25 | 80.2% | 36.4% | ||
| Q1 25 | 81.3% | 33.0% | ||
| Q4 24 | 81.2% | 33.3% | ||
| Q3 24 | 82.5% | 34.0% | ||
| Q2 24 | 83.1% | 36.1% | ||
| Q1 24 | 83.2% | 33.3% |
营业利润率DBXSITE
| Q4 25 | 25.5% | -0.5% | ||
| Q3 25 | 27.5% | 6.8% | ||
| Q2 25 | 26.9% | 12.8% | ||
| Q1 25 | 29.4% | -3.1% | ||
| Q4 24 | 13.7% | -2.5% | ||
| Q3 24 | 20.0% | 5.8% | ||
| Q2 24 | 20.0% | 12.0% | ||
| Q1 24 | 22.7% | -2.5% |
净利率DBXSITE
| Q4 25 | 17.1% | -0.9% | ||
| Q3 25 | 19.5% | 4.7% | ||
| Q2 25 | 20.1% | 8.8% | ||
| Q1 25 | 24.1% | -2.9% | ||
| Q4 24 | 16.0% | -2.1% | ||
| Q3 24 | 16.7% | 3.7% | ||
| Q2 24 | 17.4% | 8.5% | ||
| Q1 24 | 21.0% | -2.1% |
每股收益（稀释后）DBXSITE
| Q4 25 | $0.43 | $-0.19 | ||
| Q3 25 | $0.47 | $1.31 | ||
| Q2 25 | $0.45 | $2.86 | ||
| Q1 25 | $0.51 | $-0.61 | ||
| Q4 24 | $0.33 | $-0.46 | ||
| Q3 24 | $0.34 | $0.97 | ||
| Q2 24 | $0.34 | $2.63 | ||
| Q1 24 | $0.39 | $-0.43 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $891.3M | $190.6M |
| 总债务越低越好 | — | $385.4M |
| 股东权益账面价值 | $-1.8B | $1.7B |
| 总资产 | $2.8B | $3.2B |
| 负债/权益比越低杠杆越低 | — | 0.23× |
8季度趋势，按日历期对齐
现金及短期投资DBXSITE
| Q4 25 | $891.3M | $190.6M | ||
| Q3 25 | $730.7M | $106.9M | ||
| Q2 25 | $736.3M | $78.6M | ||
| Q1 25 | $942.2M | $56.6M | ||
| Q4 24 | $1.3B | $107.1M | ||
| Q3 24 | $517.6M | $85.5M | ||
| Q2 24 | $515.1M | $71.9M | ||
| Q1 24 | $548.9M | $41.5M |
总债务DBXSITE
| Q4 25 | — | $385.4M | ||
| Q3 25 | — | $388.4M | ||
| Q2 25 | — | $469.9M | ||
| Q1 25 | — | $503.0M | ||
| Q4 24 | — | $388.2M | ||
| Q3 24 | — | $410.6M | ||
| Q2 24 | — | $480.2M | ||
| Q1 24 | — | $448.0M |
股东权益DBXSITE
| Q4 25 | $-1.8B | $1.7B | ||
| Q3 25 | $-1.5B | $1.7B | ||
| Q2 25 | $-1.3B | $1.6B | ||
| Q1 25 | $-1.1B | $1.6B | ||
| Q4 24 | $-752.4M | $1.6B | ||
| Q3 24 | $-546.1M | $1.6B | ||
| Q2 24 | $-371.3M | $1.6B | ||
| Q1 24 | $-277.2M | $1.5B |
总资产DBXSITE
| Q4 25 | $2.8B | $3.2B | ||
| Q3 25 | $2.8B | $3.3B | ||
| Q2 25 | $2.8B | $3.3B | ||
| Q1 25 | $3.0B | $3.3B | ||
| Q4 24 | $3.3B | $3.1B | ||
| Q3 24 | $2.6B | $3.1B | ||
| Q2 24 | $2.7B | $3.2B | ||
| Q1 24 | $2.8B | $3.0B |
负债/权益比DBXSITE
| Q4 25 | — | 0.23× | ||
| Q3 25 | — | 0.23× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.25× | ||
| Q3 24 | — | 0.25× | ||
| Q2 24 | — | 0.30× | ||
| Q1 24 | — | 0.30× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $235.4M | $164.8M |
| 自由现金流经营现金流 - 资本支出 | $224.9M | $150.3M |
| 自由现金流率自由现金流/营收 | 35.4% | 14.4% |
| 资本支出强度资本支出/营收 | 1.7% | 1.4% |
| 现金转化率经营现金流/净利润 | 2.17× | — |
| 过去12个月自由现金流最近4个季度 | $930.8M | $246.8M |
8季度趋势，按日历期对齐
经营现金流DBXSITE
| Q4 25 | $235.4M | $164.8M | ||
| Q3 25 | $302.1M | $128.6M | ||
| Q2 25 | $260.5M | $136.7M | ||
| Q1 25 | $153.8M | $-129.6M | ||
| Q4 24 | $213.8M | $119.4M | ||
| Q3 24 | $274.2M | $115.9M | ||
| Q2 24 | $230.6M | $147.4M | ||
| Q1 24 | $175.5M | $-99.3M |
自由现金流DBXSITE
| Q4 25 | $224.9M | $150.3M | ||
| Q3 25 | $293.7M | $118.5M | ||
| Q2 25 | $258.5M | $122.4M | ||
| Q1 25 | $153.7M | $-144.4M | ||
| Q4 24 | $210.5M | $109.9M | ||
| Q3 24 | $270.1M | $105.9M | ||
| Q2 24 | $224.7M | $135.3M | ||
| Q1 24 | $166.3M | $-108.2M |
自由现金流率DBXSITE
| Q4 25 | 35.4% | 14.4% | ||
| Q3 25 | 46.3% | 9.4% | ||
| Q2 25 | 41.3% | 8.4% | ||
| Q1 25 | 24.6% | -15.4% | ||
| Q4 24 | 32.7% | 10.8% | ||
| Q3 24 | 42.3% | 8.8% | ||
| Q2 24 | 35.4% | 9.6% | ||
| Q1 24 | 26.3% | -12.0% |
资本支出强度DBXSITE
| Q4 25 | 1.7% | 1.4% | ||
| Q3 25 | 1.3% | 0.8% | ||
| Q2 25 | 0.3% | 1.0% | ||
| Q1 25 | 0.0% | 1.6% | ||
| Q4 24 | 0.5% | 0.9% | ||
| Q3 24 | 0.6% | 0.8% | ||
| Q2 24 | 0.9% | 0.9% | ||
| Q1 24 | 1.5% | 1.0% |
现金转化率DBXSITE
| Q4 25 | 2.17× | — | ||
| Q3 25 | 2.44× | 2.18× | ||
| Q2 25 | 2.07× | 1.06× | ||
| Q1 25 | 1.02× | — | ||
| Q4 24 | 2.08× | — | ||
| Q3 24 | 2.57× | 2.61× | ||
| Q2 24 | 2.09× | 1.23× | ||
| Q1 24 | 1.33× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
DBX
| US | $355.3M | 56% |
| Non Us | $280.9M | 44% |
SITE
| Landscaping Products | $798.4M | 76% |
| Agronomic | $247.2M | 24% |
